Multifamily in Miami, FL 33127
Buena Vista Gardens, 5710 NW 5th Ave

$415K31.3%
$285,000
1,300
SqFt
Status
Sold - Nov 21, 2023
Size
1,300 SqFt (121 m2)
Price
$219/SqFt ($2,360/m2)
Type
Multifamily
Built
1946
MLS Number
A11438418
On Site
1124 Days
Updated
18 Days ago
Page Views
0
Great investment opportunity! Situated just minutes away from the ever-thriving Design District and Wynwood area, is this income-producing detached housing unit in historic Buenavista Gardens. This property consists of two separate living structures — the main home is a 3 bed/1 bath; while the rear residence is a 1 bed/1 bath. Unique in design w/ character. Both buildings had roofs replaced. Both properties will require a reno to restore them to their full glory. Both units are currently rented *significantly* under rental market value. High ROI if updated and priced accordingly. Quiet neighborhood. Lot is zoned for multi-units; newly constructed duplexes are being built on this same street. Many options with this purchase. ABNB allowed. This investment is a smart hedge against inflation.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: Fence, FruitTrees, Patio, RoomForPool, Shed
      Interior, Heating and Cooling
      • Heating Description: Central
      • Cooling Description: CentralAir, CeilingFans
      Building and Construction
      • Floor Description: Hardwood,Tile,Wood
      • Year Built: 1946
      • Year Built Description: Effective Year Built
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2023-08-18T12:55:00.000-00:00
        Taxes, Fees & More
        • Taxes: 3136

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        Price History

        Current
        $285K
        High
        $415K
        Low
        $285K
        Total Change
        -31.3%
        $431K$350K$269KAug 23Sep 23Nov 23Sep 23
        Date
        Event
        Price
        Change
        Price Per
        09/13/2023
        Sold
        $285K
        -4.97%
        $219 ft2
        $2,360 m2
        11/21/2023
        Price Reduced
        $300K
        -24.84%
        $231 ft2
        $2,483 m2
        09/13/2023
        Price Reduced
        $399K
        -3.86%
        $307 ft2
        $3,304 m2
        08/18/2023
        Listed
        $415K
         
        $319 ft2
        $3,436 m2
        09/13/2023
        $285K
        Event
        Sold
        Change
        -4.97%
        Price Per
        $219 ft2
        $2,360 m2
        11/21/2023
        $300K
        Event
        Price Reduced
        Change
        -24.84%
        Price Per
        $231 ft2
        $2,483 m2
        09/13/2023
        $399K
        Event
        Price Reduced
        Change
        -3.86%
        Price Per
        $307 ft2
        $3,304 m2
        08/18/2023
        $415K
        Event
        Listed
        Price Per
        $319 ft2
        $3,436 m2
        Price per square foot and days on website are not provided values and are calculated by Subdivisions.
        Listed by Cindy AbreuReal Estate Sales Force • Buyer Agency Compensation .

        Listing Location & Street View
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        Scores

        Walk Score®
        Somewhat Walkable. Some errands can be accomplished on foot
        66

        100
        Transit Score®
        Good Transit. Many nearby public transportation options
        51

        100
        Bike Score®
        Bikeable. Some bike infrastructure
        54

        100
        Sound Score®
        Very loud
        62

        100
        Airport Score
        Close to airports. Noticeable airport activity
        0

        100
        Traffic Score
        Heavy traffic at peak hours
        52

        100
        Local Score
        Limited local amenities nearby
        3

        100
        Community Snapshot
        2 – 3 BR
        Bedrooms
        $440K – $1.4M
        Price Tier
        602 - 3,610
        SqFt Range
        1952
        Year Build
        2
        Total Floors

        Miami
        Premium
        Premium Homes & Condos